Stunning Breakthrough! 😱 Ethereum Breaks $1860, Is the $2000 Barrier About to Explode? 🚀🔥
Ethereum (ETH) soared to $1860, hitting a new high since April 2! With institutional funds pouring in and on-chain activity surging, experts predict ETH is about to break through $2000, aiming for $2100!
Bullish Drivers
ETF Frenzy: On April 28, ETH ETF net inflow was $64.1 million, with a weekly inflow of $183 million, showing overwhelming confidence from institutions.
On-Chain Activity: Ethereum's TVL exceeded $51.8 billion, with a 16% increase over 7 days, and DEX trading volume rose 30% to $1.65 billion.
Technical Signals: The 4-hour chart shows a bullish flag pattern, breaking through $1800, with RSI reaching 60, target price at $2100.
Risk Warning
If selling pressure re-emerges, ETH could drop to the $1600 support level. The $1700 demand zone remains solid, supporting a potential rebound to $2500! Seize the institutional surge and stay alert! ⚡️